Bitcoin continues to demonstrate volatility, rising again above $107,500, eliciting varied responses from investors, especially in light of ongoing tariff disputes.
Bitcoin's Climb
After slipping to $105,100, Bitcoin (BTC) has shown signs of recovery, leaving altcoins with minimal changes under 1%. Analyst Jelle suggests that BTC could confirm an upward trend within the next 14 hours. The main factor contributing to this situation is the expectations of the tariff-related process nearing its end.
Liquidity and Cryptocurrencies
While the Federal Reserve does not appear inclined to lower interest rates, global liquidity is indeed on the rise. Many central banks, including the European Central Bank, plan further rate cuts before year-end. Analyst Kyle highlights the increase in M2 money supply, but points out that the money has not yet flowed into riskier assets like cryptocurrencies.
Institutional Investments
Institutional investors continue to accumulate BTC, including firms like MSTR and SMLR. Currently, over 60 companies are actively holding their assets, and expectations are that this number will rise to 600 by next year. This accumulation influences BTC's supply scarcity and supports its price sustainability.
Bitcoin has risen back above $107,500, accompanied by increasing interest from institutional investors. Considering the current market conditions and growth expectations, potential changes in cryptocurrency prices can be anticipated in the near future.
